New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-01-20
CLOSING PRICES OF OALIFO ayTA STOCKS
SAN FRANCISCO, Jan. 10. 1897
The feature of the to-day the advance In Ophr
CLOSIN0 PRICES OF PdILl D sLPIiI SfOOaS

WEDNESDAY, Jan. 10-r.N N.
Nothing new was developed to-day in the Stock Ex-
change markets beyond what has been noticeable for the
last two weeks absence OF securities seeking market
The tone Of the stock speculation simply strong with
only moderate demands for the general list The days
transactions amounted only 356,21l shares, toward
which three and Reading, Richmond
and West Point and Delaware Lackawanna and Western
contributed nearly 100000 shares and Central Of New
Jersey additional "a 900 shares. Among tho special
ties Central Of NcwJerscy the prominent fcauro II
opened at o. Il higher than last evenings closing
figure and 1t closed 67s the highest price OF the day
Whatever may he the intended deal in this stock still re-
mains profound II is not denied that the com
pany during the last ten has failed to earn its first
charges upon its enormous Indebtedness The
supposton that the recent advance in the
price OF the stock ia based upon the
existence OF large short interest is confirmed by
the demand for the stock in the market Nevertheless
1t fact that there has been and Is quiet absorption
OF the stock which is incomprchensble TO person
who carefully studies the companys business In
respects Central OF Jersey presents cpl
sodcs In all the changes which have occurred during
the last twelve years In the directory OF the company
there has been failure to the jonturc OF
one or two capitalists Twelve years ago John Taylor
Johnston the then president OF the company. possessed
such faith that ne practically guaranteed very large
part OF the stockholders OF the company who lived within
the state OF NcwJcrsey The stock since that time has
sold 81 share and above par Int there
has been q year since then when Its net earnings
equal TO the amount OF its annual interest
and rentals. Philadelphia and Reading
active and strong tho opening the close the
fluctuations only such natural In large
transactions and the closing figure marks gain the
day Of u per Tho OF tho reorganization
scheme Ia practically assured but whether not that
occurrence warrants the present figures for the stok
which with the paid il CO.'S Is question
ma
selveA Richmond and West Point was specially active
with In $4,000 shares per cent Ia
GA aud 1t closed ut 47ia Delaware. Lacka-
wanna and Western unusually active; II opened up
II per cent 1876. 10 1871. and closed at 1879
Unofficial statements were made that despite the low
prices OF coal during 1856 the companys forthcoming
report will show earnings of per the stock.
II II doe. 80 IL will be OF the best statements
the company has put forth Tho general
market quiet and hard There less danger tO
be Anticipated from the erraiic 81 the fan
there early In the month Of December The
conditions chan gcd the fanccs not widely dis
tribute hut are blocked I'm hands able support them
and who must support them. The railway earnings for
the second week Ia January thus far received land
night print batch Of them making better
comparisons with preceding years than did tho-c OF
tho first week And II l. well known In railway circles
that business Of the principal trunk lines. East and
West, which publish only monthly ar quarterly state
meuts of their earnings has Dscn almost ale lei IN
their hiStorcs The uaTac closed strong practically At
the hes. figures Of the day.
Government bonds, as usual were dull, with firm
tone The bids for the Is up per cent Annexed
the closing quotations;